Does your Business Deduct Research & Development Expenses? Major Changes Impact 2022 Taxes…

The 2017 Tax Cuts and Jobs Act (TCJA) included a deferred provision that changes the way research and development (R&D) expenses are deducted for tax purposes beginning with the 2022 tax year. Prior to 2022, Read More


Elizabeth Michalak

Nov 09, 2022

How Can Small Business Owners Lower Taxes for 2022?

It's time for year-end tax planning. Every fall, small business owners should review their tax situations to determine steps they should consider to reduce their federal income taxes for the current year — and beyond. Read More


Kirsch CPA Group

Oct 27, 2022

8 End-of-Year Tax Planning Strategies for 2022

As the economy marches through the final months of 2022, business owners will face ongoing changes this tax season. Even so, there is still time to take steps to reduce your tax burden. With the Read More


Sam Brizgis

Oct 13, 2022

What You Need to Know about Kentucky Tax Law Changes

An array of additional services will be subject to sales tax in Kentucky next year under a bill enacted over the governor’s veto. The legislation also reduces personal income tax rates in Kentucky with further Read More


Kyle Thorpe

Jun 23, 2022

Year-End Tax Planning Tips for Small Businesses

You still have time to significantly reduce this year's business federal income tax bill even with all the uncertainty about proposed tax law changes. Here are five possible moves to consider — but stay tuned Read More


Kirsch CPA Group

Oct 26, 2021

9 Ideas to Potentially Lower Your Taxes for 2021

With year end rapidly approaching, it's time to consider making some moves that will lower your 2021 federal income tax bill — and potentially position you for future tax savings. Unfortunately, tax planning is particularly Read More


Kirsch CPA Group

Oct 26, 2021

How to Make Filing Your Taxes a Non-Event

How did your last tax filing go? Were you stressed out? Surprised by a big tax bill? Angry at your accountant? If you’re like many business owners, filing your taxes can bring stress and anxiety. Read More


Sue Schloemer

Oct 13, 2021

2020 Year-End Tax Planning Ideas for Small Businesses

Small business owners still have time to make tax planning moves to lower their 2020 federal income tax bills — and possibly lay the groundwork to save taxes in future years. Here are 10 ideas Read More


Kirsch CPA Group

Oct 29, 2020

Tax Planning Tips for Individuals

It is the 4th quarter, it's time to think about your current federal tax situation. Tax planning strategies are especially complicated for 2020. There are a lot of moving pieces: The COVID-19 pandemic has caused Read More


Kirsch CPA Group

Oct 09, 2020

Midyear Tax Planning Strategies for Individuals

The extended July 15 deadline for filing your 2019 federal income tax return is behind us. Now it's time to think about your current federal tax situation. Tax planning strategies are especially complicated for 2020. Read More


Kirsch CPA Group

Aug 06, 2020